Jul 29, 2022
GDP numbers came out this morning although we recorded the night before. It's funny how the NBER has a different definition of a recession than what we are all technically used to; which is two consecutive quarters of negative GDP growth. And as of this morning, we officially got it. It may just be me, but it sure...
Jul 22, 2022
Hey, hope this finds you well because the farmer protests in Europe have extended into Spain and Italy. Not to mention, the Italian government has fallen apart, the European Central Bank seems stuck, and The People's Republic of China (ironic name, I know) have sent tanks to protect their banks from protestors. We may...
Jul 14, 2022
First off, sorry about the audio. We were having a tough time connecting the mic. However, we did have a nice dram of whiskey over the Dutch farming protests that spilled into a bunch of other protests. We also couldn't help but mention the immaculate timing of these protests in the midst of a global food...
Jul 8, 2022
There are normally 4 different stages of a bear market cycle: Recognition, Initial sell-off/panic, dead-cat bounce/consolidation, then capitulation. In our humble opinion, we are currently in the midst of stage 3, waiting for the catalyst for capitulation. So how will we know when we're in stage 4? Listen to find out....
Jul 1, 2022
Just a heads up, we do get pretty political at the 38:50 mark. We couldn't cower away from addressing the economic implications of certain political decisions made on the Hill. Nonetheless, Q2 is officially in the books as we say goodbye to June (great band by the way, Goodbye June). July is going to be a daunting month...